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What is the current international macroeconomic landscape?

Economics Dec 14, 2020

What is the current international macroeconomic landscape?

Expert Solution

Current scenario of international macroeconomics landscape is as follows:

  • There is a sharp trade decline in world trade growth as compared to past years. The trend is assessed on the basis of the sustainability of

labor and productivity. The US economy is showing positive results in sustaining labor and its productivity.

  • Global inflation rate is normal around 3%. Global inflation changed this year due to the transition from the deflationary pressure of inflation

rates to the developed world.

  • Market growth decelerates down due to financial conditions and political uncertainty in many economies of the world.
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